President Xi Jinping declared on Tuesday that China will “aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060“. He told the United Nations general assembly at an annual gathering virtually taking place due to coronavirus world pandemic.
Now China is not only the largest emitter of greenhouse gasses in the world, they produce more than all the other countries put together.
Yes, that’s correct China produces more than all the countries in the world and previously did not care about climate effects. Chinas excuse for uncontrolled emissions as they were a developing nation. Hence, they had the right like other western countries to grow their economy without thought for pollution.
However, now that China has many billionaires and they themselves realise that there is no point having money with nowhere to spend it. The fact is that the worlds richest have come the understanding that to continue their way of life things have to change.
No longer can the wealthy few continue to deny climate change. Instead, they now embrace it, and more than that invest in it. British Petroleum allegedly one of the main western companies creating vast pollution are also changing.
BP is no longer making any investments in fossil fuels and moving over to renewable energy. All this is good news but will the damage be irreversible?
Not all countries are switching over such as the United States. President Trump has repeatedly claimed that the US has reduced its carbon emissions. In fact, he argued that the US had done more than any other signatory to the Paris Climate Agreement.
The problem with that outright lie is the Climate Action Tacker an independent scientific analysis tracking the US Paris deal found this to be untrue. Moreover, they prove that the US is critically insufficient when it comes to cutting emissions.